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Contracts in Process
9 Months Ended
Sep. 30, 2016
Contractors [Abstract]  
Long-term Contracts or Programs Disclosure [Text Block]
4. Contracts in Process
 
The net asset position for contracts in process consisted of the following:
 
 
 
September 30,
 
December 31,
 
(In thousands)
 
2016
 
2015
 
 
 
 
 
 
 
 
 
Costs and estimated earnings on uncompleted contracts
 
$
1,713,230
 
$
2,153,085
 
Less: Billings to date
 
 
1,678,977
 
 
2,142,213
 
 
 
$
34,253
 
$
10,872
 
 
The net asset position for contracts in process included in the accompanying consolidated balance sheets was as follows:
 
 
 
September 30,
 
December 31,
 
(In thousands)
 
2016
 
2015
 
 
 
 
 
 
 
 
 
Costs and estimated earnings in excess of billings on
 
 
 
 
 
 
 
uncompleted contracts
 
$
80,305
 
$
51,486
 
Billings in excess of costs and estimated earnings on
 
 
 
 
 
 
 
uncompleted contracts
 
 
(46,052)
 
 
(40,614)
 
 
 
$
34,253
 
$
10,872